Free Markets And Social Justice

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Free Markets and Social Justice

Author : Cass R. Sunstein
Publisher : Oxford University Press
ISBN 13 : 0195356179
Total Pages : 416 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Free Markets and Social Justice by : Cass R. Sunstein

Download or read book Free Markets and Social Justice written by Cass R. Sunstein and published by Oxford University Press. This book was released on 1999-03-18 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The newest work from one of the most preeminent voices writing in the legal/political arena today, this important book presents a new conception of the relationship between free markets and social justice. The work begins with foundations--the appropriate role of existing "preferences," the importance of social norms, the question whether human goods are commensurable, and issues of distributional equity. Continuing with rights, the work shows that markets have only a partial but instrumental role in the protection of rights. The book concludes with a discussion on regulation, developing approaches that would promote both economic and democratic goals, especially in the context of risks to life and health. Free Markets and Social Justice develops seven basic themes during its discussion: the myth of laissez-faire; preference formation and social norms; the contextual character of choice; the importance of fair distribution; the diversity of human goods; how law can shape preferences; and the puzzles of human rationality. As the latest word from an internationally-renowned writer, this work will raise a number of important questions about economic analysis of law in its conventional form.

Free Market Fairness

Author : John Tomasi
Publisher : Princeton University Press
ISBN 13 : 0691158142
Total Pages : 380 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Free Market Fairness by : John Tomasi

Download or read book Free Market Fairness written by John Tomasi and published by Princeton University Press. This book was released on 2013-05-05 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: A provocative new vision of free market capitalism that achieves liberal ends by libertarian means Can libertarians care about social justice? In Free Market Fairness, John Tomasi argues that they can and should. Drawing simultaneously on moral insights from defenders of economic liberty such as F. A. Hayek and advocates of social justice such as John Rawls, Tomasi presents a new theory of liberal justice. This theory, free market fairness, is committed to both limited government and the material betterment of the poor. Unlike traditional libertarians, Tomasi argues that property rights are best defended not in terms of self-ownership or economic efficiency but as requirements of democratic legitimacy. At the same time, he encourages egalitarians concerned about social justice to listen more sympathetically to the claims ordinary citizens make about the importance of private economic liberty in their daily lives. In place of the familiar social democratic interpretations of social justice, Tomasi offers a "market democratic" conception of social justice: free market fairness. Tomasi argues that free market fairness, with its twin commitment to economic liberty and a fair distribution of goods and opportunities, is a morally superior account of liberal justice. Free market fairness is also a distinctively American ideal. It extends the notion, prominent in America's founding period, that protection of property and promotion of real opportunity are indivisible goals. Indeed, according to Tomasi, free market fairness is social justice, American style. Provocative and vigorously argued, Free Market Fairness offers a bold new way of thinking about politics, economics, and justice—one that will challenge readers on both the left and right.

The Illusion of Free Markets

Author : Bernard E. Harcourt
Publisher : Harvard University Press
ISBN 13 : 0674971329
Total Pages : 337 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis The Illusion of Free Markets by : Bernard E. Harcourt

Download or read book The Illusion of Free Markets written by Bernard E. Harcourt and published by Harvard University Press. This book was released on 2012-11-12 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. The Illusion of Free Markets argues that our faith in “free markets” has severely distorted American politics and punishment practices. Bernard Harcourt traces the birth of the idea of natural order to eighteenth-century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into today’s myth of the free market. The modern category of “liberty” emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as “police.” This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government-run penal sphere. This modern vision rests on a simple but devastating illusion. Superimposing the political categories of “freedom” or “discipline” on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today.

Economic Freedom and Social Justice

Author : Wanjiru Njoya
Publisher : Springer Nature
ISBN 13 : 3030848523
Total Pages : 275 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Economic Freedom and Social Justice by : Wanjiru Njoya

Download or read book Economic Freedom and Social Justice written by Wanjiru Njoya and published by Springer Nature. This book was released on 2021-11-01 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the egalitarian foundations of equality law from a classical liberal perspective by asking two central questions: does justice ideally demand equality? Are differences in abilities among people in some sense unfair? The book examines these questions in the context of racial diversity. Racial justice as a component of social justice is often considered to be so emotionally and morally compelling that its implications for economic freedom are rarely subjected to critical scrutiny. In defending the classical ideal of formal equality in contexts of racial diversity this book questions the ethical status of egalitarian social and moral ideals. Economic Freedom and Social Justice argues that egalitarian ideals, like all subjective value judgements, must be subjected to critical intellectual inquiry rather than treated axiomatically. Drawing upon the legal framework in the UK and other common law jurisdictions, this book shows some of the ways in which egalitarian ideals, in addition to resting on false premises, are costly, harmful, and ultimately inimical to justice and liberty. The book argues that legal entitlements and policy guidelines constructed upon notions of racial equity are wrongly constituted as the main prism through which liberal market democracies govern private relationships, including the employment relationship. Written in a clear and forthright style, this book will be of interest to students and scholars in law, economics, philosophy and political economy.

Defending the Free Market

Author : Robert Sirico
Publisher : Simon and Schuster
ISBN 13 : 1596988118
Total Pages : 226 pages
Book Rating : 4.5/5 (969 download)

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Book Synopsis Defending the Free Market by : Robert Sirico

Download or read book Defending the Free Market written by Robert Sirico and published by Simon and Schuster. This book was released on 2012-05-21 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty years ago, the economic system of the Soviet empire—socialism—seemed definitively discredited. Today, the most popular figures in the Democratic Party embrace it, while the shapers of public opinion treat capitalism as morally indefensible. Is there a moral case for capitalism? Consumerism is an appalling spectacle. Free markets may be efficient, but are they fair? Aren’t there some things that we can’t afford to leave to the vicissitudes of the market? Robert Sirico, a onetime leftist, shows how a free economy—including private property, legally enforceable contracts, and prices and interest rates freely agreed to by the parties to a transaction—is the best way to meet society’s material needs. In fact, the free market has lifted millions out of dire poverty—far more people than state welfare or private charity has ever rescued from want. But efficiency isn’t its only virtue. Economic freedom is indispensable for the other freedoms we prize. And it’s not true that it makes things more important than people—just the reverse. Only if we have economic rights can we protect ourselves from government encroachment into the most private areas of our lives—including our consciences. Defending the Free Market is a powerful vindication of capitalism and a timely warning for a generation flirting with disaster.

Free Market Criminal Justice

Author : Darryl K. Brown
Publisher : Oxford University Press
ISBN 13 : 0190457872
Total Pages : 321 pages
Book Rating : 4.1/5 (94 download)

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Book Synopsis Free Market Criminal Justice by : Darryl K. Brown

Download or read book Free Market Criminal Justice written by Darryl K. Brown and published by Oxford University Press. This book was released on 2016 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Criminal justice and democracy -- Criminal justice by the invisible hand -- The free market law of plea bargaining -- Private responsibility for criminal justice -- The high cost of efficiency -- Criminal justice and the security state -- Epilogue--the American way of criminal process

Wealth and Justice

Author : Peter Wehner
Publisher : Government Institutes
ISBN 13 : 084474378X
Total Pages : 91 pages
Book Rating : 4.8/5 (447 download)

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Book Synopsis Wealth and Justice by : Peter Wehner

Download or read book Wealth and Justice written by Peter Wehner and published by Government Institutes. This book was released on 2010-10-16 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular opinion would have us believe that America's free market system is driven by greed and materialism, resulting in gross inequalities of wealth, destruction of the environment, and other social ills. Even proponents of capitalism often refer to the free market as simply a 'lesser evil' whose faults are preferable to those of social democracy or communism. But what if the conventional understanding of capitalism as corrupt and unprincipled is wrong? What if the free market economy actually reinforces Christian values? In Wealth and Justice: The Morality of Democratic Capitalism, Arthur C. Brooks and Peter Wehner explore how America's system of democratic capitalism both depends upon and cultivates an intricate social web of families, churches, and communities. Far from oppressing and depriving individuals, the free market system uniquely enables Americans to exercise vocation and experience the dignity of self-sufficiency, all while contributing to the common good. The fruits of this system include the alleviation of poverty, better health, and greater access to education than at any other time in human history-but also a more significant prosperity: the flourishing of the human soul.

Seeking Social Justice Through Globalization

Author : Gavin Kitching
Publisher : Penn State Press
ISBN 13 : 9780271040509
Total Pages : 366 pages
Book Rating : 4.0/5 (45 download)

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Book Synopsis Seeking Social Justice Through Globalization by : Gavin Kitching

Download or read book Seeking Social Justice Through Globalization written by Gavin Kitching and published by Penn State Press. This book was released on 2010-11-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unusual coming from a leftist perspective, this book argues that those who care for social justice should seek more globalization and not try to prevent its development or roll it back.

Is the Market Moral?

Author : Rebecca M. Blank
Publisher : Rowman & Littlefield
ISBN 13 : 0815796285
Total Pages : 169 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Is the Market Moral? by : Rebecca M. Blank

Download or read book Is the Market Moral? written by Rebecca M. Blank and published by Rowman & Littlefield. This book was released on 2003-12-31 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the great tradition of moral argument about the nature of the economic market, Rebecca Blank and William McGurn join to debate the fundamental questions—equality and efficiency, productivity and social justice, individual achievement and personal rights in the workplace, and the costs and benefits of corporate and entrepreneurial capitalism. Their arguments are grounded in both economic sophistication and religious commitment. Rebecca Blank is an economist by training and describes herself as "culturally Protestant in the habits of mind and heart." She has also chaired the committee that wrote the statement on Christian faith and economic life adopted by the United Church of Christ. Addressing market failure, for her, requires that sometimes "freedom to choose" give way to other human values. William McGurn, a journalist and a Roman Catholic, uses his expertise in economics to reflect on the teachings of the church concerning the morality of the market. For McGurn, humans reach their fullest potential when they are free from the constraints of others. He writes that "our quarrel is not so much with Adam Smith or Milton Friedman but with the Providence that so clearly designed man to be his most prosperous at his most free." This book grapples with the new imperatives of a global economy while working in the classic tradition of political economy which always treated seriously the questions of morality, justice, productivity, and freedom.

Capitalism and Democracy

Author : Thomas A. Spragens, Jr.
Publisher : University of Notre Dame Pess
ISBN 13 : 0268200157
Total Pages : 319 pages
Book Rating : 4.2/5 (682 download)

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Book Synopsis Capitalism and Democracy by : Thomas A. Spragens, Jr.

Download or read book Capitalism and Democracy written by Thomas A. Spragens, Jr. and published by University of Notre Dame Pess. This book was released on 2021-03-01 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book serves as an introduction to the ongoing political debate about the relationship of capitalism and democracy. In recent years, the ideological battles between advocates of free markets and minimal government, on the one hand, and adherents of greater democratic equality and some form of the welfare state, on the other hand, have returned in full force. Anyone who wants to make sense of contemporary American politics and policy battles needs to have some understanding of the divergent beliefs and goals that animate this debate. In Capitalism and Democracy, Thomas A. Spragens, Jr., examines the opposing sides of the free market versus welfare state debate through the lenses of political economy, moral philosophy, and political theory. He asks: Do unchecked markets maximize prosperity, or do they at times produce wasteful and damaging outcomes? Are market distributions morally appropriate, or does fairness require some form of redistribution? Would a society of free markets and minimal government be the best kind of society possible, or would it have serious problems? After leading the reader through a series of thought experiments designed to compare and clarify the thought processes and beliefs held by supporters of each side, Spragens explains why there are no definitive answers to these questions. He concludes, however, that some answers are better than others, and he explains why his own judgement is that a vigorous free marketplace provides great benefits to a democratic society, both economically and politically, but that it also requires regulation and supplementation by collective action for a society to maximize prosperity, to mitigate some of the unfairness of the human condition, and to be faithful to important democratic purposes and ideals. This engaging and accessible book will interest students and scholars of political economy, democratic theory, and theories of social justice. It will also appeal to general readers who are seeking greater clarity and understanding of contemporary debates about government's role in the economy.

Rethinking Economic Policy for Social Justice

Author : Radhika Balakrishnan
Publisher : Routledge
ISBN 13 : 1317572114
Total Pages : 146 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Rethinking Economic Policy for Social Justice by : Radhika Balakrishnan

Download or read book Rethinking Economic Policy for Social Justice written by Radhika Balakrishnan and published by Routledge. This book was released on 2016-03-31 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dominant approach to economic policy has so far failed to adequately address the pressing challenges the world faces today: extreme poverty, widespread joblessness and precarious employment, burgeoning inequality, and large-scale environmental threats. This message was brought home forcibly by the 2008 global economic crisis. Rethinking Economic Policy for Social Justice shows how human rights have the potential to transform economic thinking and policy-making with far-reaching consequences for social justice. The authors make the case for a new normative and analytical framework, based on a broader range of objectives which have the potential to increase the substantive freedoms and choices people enjoy in the course of their lives and not on not upon narrow goals such as the growth of gross domestic product. The book covers a range of issues including inequality, fiscal and monetary policy, international development assistance, financial markets, globalization, and economic instability. This new approach allows for a complex interaction between individual rights, collective rights and collective action, as well as encompassing a legal framework which offers formal mechanisms through which unjust policy can be protested. This highly original and accessible book will be essential reading for human rights advocates, economists, policy-makers and those working on questions of social justice.

Freedom From the Market

Author : Mike Konczal
Publisher : The New Press
ISBN 13 : 1620975386
Total Pages : 258 pages
Book Rating : 4.6/5 (29 download)

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Book Synopsis Freedom From the Market by : Mike Konczal

Download or read book Freedom From the Market written by Mike Konczal and published by The New Press. This book was released on 2021-02-02 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The progressive economics writer redefines the national conversation about American freedom “Mike Konczal [is] one of our most powerful advocates of financial reform‚ [a] heroic critic of austerity‚ and a huge resource for progressives.”—Paul Krugman Health insurance, student loan debt, retirement security, child care, work-life balance, access to home ownership—these are the issues driving America’s current political debates. And they are all linked, as this brilliant and timely book reveals, by a single question: should we allow the free market to determine our lives? In the tradition of Naomi Klein’s The Shock Doctrine, noted economic commentator Mike Konczal answers this question with a resounding no. Freedom from the Market blends passionate political argument and a bold new take on American history to reveal that, from the earliest days of the republic, Americans have defined freedom as what we keep free from the control of the market. With chapters on the history of the Homestead Act and land ownership, the eight-hour work day and free time, social insurance and Social Security, World War II day cares, Medicare and desegregation, free public colleges, intellectual property, and the public corporation, Konczal shows how citizens have fought to ensure that everyone has access to the conditions that make us free. At a time when millions of Americans—and more and more politicians—are questioning the unregulated free market, Freedom from the Market offers a new narrative, and new intellectual ammunition, for the fight that lies ahead.

Human Rights

Author : Koen Feyter
Publisher : Zed Books
ISBN 13 : 9781842774878
Total Pages : 260 pages
Book Rating : 4.7/5 (748 download)

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Book Synopsis Human Rights by : Koen Feyter

Download or read book Human Rights written by Koen Feyter and published by Zed Books. This book was released on 2005-06 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of how globalisation has harmed human rights.

What Money Can't Buy

Author : Michael J. Sandel
Publisher : Farrar, Straus and Giroux
ISBN 13 : 1429942584
Total Pages : 256 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis What Money Can't Buy by : Michael J. Sandel

Download or read book What Money Can't Buy written by Michael J. Sandel and published by Farrar, Straus and Giroux. This book was released on 2012-04-24 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should we pay children to read books or to get good grades? Should we allow corporations to pay for the right to pollute the atmosphere? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars? Auctioning admission to elite universities? Selling citizenship to immigrants willing to pay? In What Money Can't Buy, Michael J. Sandel takes on one of the biggest ethical questions of our time: Is there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets? In recent decades, market values have crowded out nonmarket norms in almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society. Is this where we want to be?In his New York Times bestseller Justice, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes an essential discussion that we, in our market-driven age, need to have: What is the proper role of markets in a democratic society—and how can we protect the moral and civic goods that markets don't honor and that money can't buy?

Economic and Social Justice

Author : David A. Shiman
Publisher : Amnesty International
ISBN 13 :
Total Pages : 134 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Economic and Social Justice by : David A. Shiman

Download or read book Economic and Social Justice written by David A. Shiman and published by Amnesty International. This book was released on 1999 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: On December 10, 1998, the world celebrated the 50th anniversary of the United Nations' Universal Declaration of Human Rights (UDHR). The U.S. Constitution possesses many of the political and civil rights articulated in the UDHR. The UDHR, however, goes further than the U.S. Constitution, including many social and economic rights as well. This book addresses the social and economic rights found in Articles 16 and 22 through 27 of the UDHR that are generally not recognized as human rights in the United States. The book begins with a brief history of economic, social, and cultural rights, as well as an essay, in question and answer format, that introduces these rights. Although cultural rights are interrelated and of equal importance as economic and social rights, the book primarily addresses justice regarding economic and social problems. After an introduction, the book is divided into the following parts: (1) "Economic, Social, and Cultural Rights Fundamentals"; (2) "Activities"; and (3) "Appendices." The nine activities in part 2 aim to help students further explore and learn about social and economic rights. The appendix contains human rights documents, a glossary of terms, a directory of resource organizations, and a bibliography of 80 web sites, publications and referrals to assist those eager to increase their understanding of, and/or move into action to address economic and social rights. (BT)

Fair Trade from the Ground Up

Author : April Linton
Publisher : University of Washington Press
ISBN 13 : 029580419X
Total Pages : 206 pages
Book Rating : 4.2/5 (958 download)

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Book Synopsis Fair Trade from the Ground Up by : April Linton

Download or read book Fair Trade from the Ground Up written by April Linton and published by University of Washington Press. This book was released on 2012-09-01 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fair Trade promises to raise living standards in developing countries through: - worldwide minimum prices for commodities - support for democratically governed cooperatives - requirement of minimum wages and safety standards for workers - training to help producers improved quality and develop business skills - encouragement of eco-friendly practices - third-party certification In contrast to the free trade status quo, Fair Trade relies on informed consumers to choose more direct supply chains that minimize the role of middlemen, offering economic justice and social change as a viable and sustainable alternative to charity. But does it work? Fair Trade from the Ground Up documents achievements at both the producer and the consumer ends of commodity chains and assesses prospects for future growth. From Guatemalan coffee farmers to student activists on U.S. college campuses, the stories of individuals inform April Linton's analysis. Drawing on studies by social scientists and economists, as well as on new case studies, she provides balanced answers to hard questions: How can large institutions be persuaded to commit to using Fair Trade suppliers? Does ethical consumerism work? Are the "social premiums" that are built into Fair Trade prices really being used for community projects? Will Fair Trade market growth reach the scale of organics or green products? This book meets a long-felt need among economic-justice activists, consumer groups, and academics for a reliable qualitative and quantitative overview of achievements of the Fair Trade movement.

Fair Trade Coffee

Author : Gavin Fridell
Publisher : University of Toronto Press
ISBN 13 : 0802092381
Total Pages : 377 pages
Book Rating : 4.8/5 (2 download)

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Book Synopsis Fair Trade Coffee by : Gavin Fridell

Download or read book Fair Trade Coffee written by Gavin Fridell and published by University of Toronto Press. This book was released on 2007-01-01 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using case studies from Mexico and Canada, this book examines the fair trade coffee movement at both the global and local level, assessing its effectiveness and locating it within political and development theory. It provides an analysis of fair trade coffee in the context of global trade.